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$422,900

136 Teal Ln, Gilmer, TX, 75645

$524,195 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,500 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.16 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Exterior FeaturesLighting
Lot Size1.47 acres

Building Information

Year Built2004
Garage Spaces2

Land Information

APN301348
Lot Number25
Land UseResidential
Legal DescriptionLOT 25, BLK PH 2 BARTON SPRINGS ESTATES S405 (A2) 1.468 ACRES & HOUSE
Census Tract950301
Assessed Land Value$57,250
Assessed Improvement Value$345,000
Assessment Year2025

About this property

Welcome to this stunning 2500 sq ft home nestled in a beautiful subdivision in Gilmer known as Barton Springs! This property, located minutes from downtown Gilmer, has everything you need. There have been no details left out, as you will see this property includes a home generator, circle driveway, sprinkler system, an epoxy garage floor, a climate controlled workroom in the garage, high ceilings, crown molding, and much more. Located on 1.5 acres, you'll also be excited to see the workshop that comes with this home. It's an ideal space for hobbies, DIY projects, extra storage space, or just getting some work done in peace. Inside the home, there are 3 bedrooms, 2 bathrooms, a sunroom, and an additional bonus room that could be used as an office or whatever you may need. The spacious living area is also perfect for entertaining guests or relaxing with loved ones by the fireplace. Overall, this property is a true gem that combines style, comfort, and functionality in one package.

Investor Tools

Property Icon
$408,000
Estimated Property Value
$264,550Estimated Mortgage Balance
$153,370Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$524,194
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,537 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,375
$402,250
2025
$57,250
$345,000
$402,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,375
$402,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$264,550
No
First
Apr 10, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,630
$153,370
37%
62%
$1,587/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gilmer

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136 Teal Ln | Property Details | No Agent List